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Goldman Sachs Funds Vacating 403(b) Market

Goldman Sachs Funds is Vacating the 403(b) Market

CCC has learned that Goldman Sachs Funds (aka: Goldman Sachs) will not accept additional 403(b) contributions after 12/31/2008. Accordingly, it is necessary for Payroll Departments to cease remitting contributions to Goldman Sachs no later than 12/31/2008.

If Goldman Sachs has provided documentation of its plans, such information may be viewed by clicking Here.


Additional Notes:

Goldman Sachs has notified CCC that they will accept December of 2008 contributions, even if they are received after 12/31/2008, but they will not accept contributions for 2009.